Strategy continues its buying spree
From June 15 to June 21, Michael Saylor’s company acquired an additional 520 BTC for $34.9 million, averaging $67,068 per coin.
The firm now holds 847,363 BTC—approximately 4% of Bitcoin’s total circulating supply—purchased for around $64.1 billion since 2020. Its average cost basis remains at $75,651 per BTC.
At the same time, Strategy boosted its cash reserves from $1.1 billion to $1.4 billion, reinforcing its USD position—even as preferred shares (STRC) continue to trade below par, restricting the company’s ability to raise capital through that route.
According to SEC filings, the latest Bitcoin purchase and the additional $300 million in cash were fully funded by issuing new MSTR shares.
No evidence of Bitcoin being sold—only more BTC accumulating and stronger cash holdings on the balance sheet.
#Bitcoin #BTC #MicroStrategy #MSTR #CryptoInvesting #Blockchain
Crypto Edge
From June 15 to June 21, Michael Saylor’s company acquired an additional 520 BTC for $34.9 million, averaging $67,068 per coin.
The firm now holds 847,363 BTC—approximately 4% of Bitcoin’s total circulating supply—purchased for around $64.1 billion since 2020. Its average cost basis remains at $75,651 per BTC.
At the same time, Strategy boosted its cash reserves from $1.1 billion to $1.4 billion, reinforcing its USD position—even as preferred shares (STRC) continue to trade below par, restricting the company’s ability to raise capital through that route.
According to SEC filings, the latest Bitcoin purchase and the additional $300 million in cash were fully funded by issuing new MSTR shares.
No evidence of Bitcoin being sold—only more BTC accumulating and stronger cash holdings on the balance sheet.
#Bitcoin #BTC #MicroStrategy #MSTR #CryptoInvesting #Blockchain
Crypto Edge
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CryptoQuant CEO Ki Young Ju suggests the era of altcoins surging purely on Bitcoin's momentum might be coming to an end.
In past cycles, rising Bitcoin prices typically triggered a wave of capital flowing into altcoins — sparking full-blown altseasons. That pattern, however, seems to be weakening.
Today’s market is more discerning. Liquidity is clustering around fewer assets, institutions are heavily prioritizing Bitcoin, and many altcoins are failing to draw significant investment — even as BTC performs strongly.
This doesn’t mean altseasons are dead for good, but the days of broad, automatic altcoin rallies following a Bitcoin breakout may be over.
The new reality could be straightforward:
📈 Bitcoin rises.
❌ Not all altcoins follow.
Moving forward, compelling narratives, strong fundamentals, and genuine user demand may become decisive factors more than ever before.
🔥
Crypto Edge
CryptoQuant CEO Ki Young Ju suggests the era of altcoins surging purely on Bitcoin's momentum might be coming to an end.
In past cycles, rising Bitcoin prices typically triggered a wave of capital flowing into altcoins — sparking full-blown altseasons. That pattern, however, seems to be weakening.
Today’s market is more discerning. Liquidity is clustering around fewer assets, institutions are heavily prioritizing Bitcoin, and many altcoins are failing to draw significant investment — even as BTC performs strongly.
This doesn’t mean altseasons are dead for good, but the days of broad, automatic altcoin rallies following a Bitcoin breakout may be over.
The new reality could be straightforward:
📈 Bitcoin rises.
❌ Not all altcoins follow.
Moving forward, compelling narratives, strong fundamentals, and genuine user demand may become decisive factors more than ever before.
🔥
Crypto Edge
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Strive added 759 Bitcoin at a cost of around $50 million, boosting its total holdings to 19,864 BTC. Meanwhile, cash reserves climbed to $144.5 million.
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Crypto Edge
Strive added 759 Bitcoin at a cost of around $50 million, boosting its total holdings to 19,864 BTC. Meanwhile, cash reserves climbed to $144.5 million.
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Crypto Edge
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NEW: 🟠 Plan ₿ Summer School 2026 kicked off today. Following a warm welcome yesterday, the program opened with an introductory session by Giacomo Zucco, then moved into Mathias Buus’ deep dive on the Tether Stack — Bitcoin-Based Financial Infrastructure.
The morning continued with a panel discussion featuring university professors exploring Bitcoin’s role in academia, followed by Oleg Mikhalsky’s insights into careers and opportunities within the Bitcoin ecosystem.
The afternoon shifted to hands-on learning, with workshops focused on security and privacy. Later, students joined the Satoshi Lugano community for dinner at Lido.
A full week of learning, building, and meaningful connections is now underway.
Source: https://x.com/LuganoPlanB/status/2069055312334590186
Crypto Edge
The morning continued with a panel discussion featuring university professors exploring Bitcoin’s role in academia, followed by Oleg Mikhalsky’s insights into careers and opportunities within the Bitcoin ecosystem.
The afternoon shifted to hands-on learning, with workshops focused on security and privacy. Later, students joined the Satoshi Lugano community for dinner at Lido.
A full week of learning, building, and meaningful connections is now underway.
Source: https://x.com/LuganoPlanB/status/2069055312334590186
Crypto Edge
FYI: 🟠 Approximately 1.57 million Bitcoin are permanently lost—close to 98% of which vanished before 2020.
Source: https://x.com/BitcoinNewsCom/status/2069065621770277099
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2069065621770277099
Crypto Edge
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JUST IN: 🟠 Jeff Walton highlights
$STRC performing as intended: "Moved into STRC with reduced risk back in January? Down just ~3% net of dividends. Held Bitcoin instead? Down 26.8%."
That’s a 24-point advantage. For yield-focused investors aiming to sidestep volatility, the credit instrument delivered.
Source: https://x.com/BTCtreasuries/status/2069109410023280747
Crypto Edge
$STRC performing as intended: "Moved into STRC with reduced risk back in January? Down just ~3% net of dividends. Held Bitcoin instead? Down 26.8%."
That’s a 24-point advantage. For yield-focused investors aiming to sidestep volatility, the credit instrument delivered.
Source: https://x.com/BTCtreasuries/status/2069109410023280747
Crypto Edge
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NEW: 🟠 Bitcoin Long-Term Holder supply reaches an all-time high of 16.64M BTC—83% of the total circulating supply. What does this mean for the market? 👀
Source: https://x.com/BitcoinNewsCom/status/2069140363902910952
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2069140363902910952
Crypto Edge
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Last month, I asked a Bitcoin miner in Sweden how much he pays for electricity per kWh.
His answer? A negative number.
Most of his revenue isn't even from mining itself.
Like Bitcoin, Bitcoin mining is profoundly antifragile.
Crypto Edge
His answer? A negative number.
Most of his revenue isn't even from mining itself.
Like Bitcoin, Bitcoin mining is profoundly antifragile.
Crypto Edge
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Bitcoin’s long-term holder supply has reached an all-time high of 16.64M BTC — now accounting for 83% of the total circulating supply.
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Physics rarely hands out free lunches. As @reardencode highlights, while a quantum computer using Shor's algorithm could, in theory, explore a vast state space in polynomial time, this elegant promise may hit hard limits in practice. Learn more. #quantumcomputing #shorsalgorithm #theoreticalphysics
Crypto Edge
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Could Bitcoin hit $1 million without another institutional investing frenzy?
According to early Bitcoin pioneer Adam Back, absolutely.
Back argues that BTC may no longer need a fresh surge of institutional money to reach seven figures. Rising retail demand, combined with consistent inflows into spot Bitcoin ETFs, might already be enough to drive the price to $1 million per coin.
He anticipates this milestone could be reached before the end of the current halving cycle in 2028 and suggests that, over time, Bitcoin could even rival gold in market capitalization.
Coming from Back, this outlook holds serious weight. A renowned cryptographer and one of Bitcoin’s original contributors, he's long been a central figure in the ecosystem—so much so that some speculate he could even be Satoshi Nakamoto himself.
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Crypto Edge
According to early Bitcoin pioneer Adam Back, absolutely.
Back argues that BTC may no longer need a fresh surge of institutional money to reach seven figures. Rising retail demand, combined with consistent inflows into spot Bitcoin ETFs, might already be enough to drive the price to $1 million per coin.
He anticipates this milestone could be reached before the end of the current halving cycle in 2028 and suggests that, over time, Bitcoin could even rival gold in market capitalization.
Coming from Back, this outlook holds serious weight. A renowned cryptographer and one of Bitcoin’s original contributors, he's long been a central figure in the ecosystem—so much so that some speculate he could even be Satoshi Nakamoto himself.
🔥
Crypto Edge
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I’ve completely disengaged from politics. It all feels so pointless, broken, and absurd—just save it. I’m not interested. The only thing that matters to me is sound money. And Bitcoin is the strongest form of money we’ve ever seen. @LawrenceLepard
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Bitcoin Suisse AG has officially been granted its license as a Crypto Asset Service Provider (CASP) under MiCAR regulations.
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Crypto Edge
Bitcoin Suisse AG has officially been granted its license as a Crypto Asset Service Provider (CASP) under MiCAR regulations.
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Crypto Edge
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NEW: 🟠 Bitcoin Suisse AG has been granted a license as a Crypto Asset Service Provider (CASP) under MiCAR regulations.
Source: https://x.com/BitcoinNewsCom/status/2069397304071590162
Crypto Edge
Source: https://x.com/BitcoinNewsCom/status/2069397304071590162
Crypto Edge
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I’ve completely tuned out politics. It’s just noise—wasteful, broken, and frankly, exhausting. Save the commentary. The only thing I’m focused on is sound money. And Bitcoin is the soundest money we’ve ever known.
Lawrence Lepard
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Crypto Edge
Lawrence Lepard
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Crypto Edge
NEW: 🇺🇸 The U.S. Senate has passed a bill prohibiting the Federal Reserve from launching a CBDC until 2030.
The legislation is anticipated to clear the House and be signed into law by the President ✍️
Source: https://x.com/BitcoinMagazine/status/2069391212641960241
Crypto Edge
The legislation is anticipated to clear the House and be signed into law by the President ✍️
Source: https://x.com/BitcoinMagazine/status/2069391212641960241
Crypto Edge
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